US Federal Reserve Current Affairs, GK & News

U.S Inflation Reduction Act 2022

Government of US recently passed the “Inflation Reduction Act, 2022”. With this, it joins hands with central bank to decrease inflation. Inflation has reached to the level that was last witnessed 40 years ago. Fighting inflation is the top priority of policymakers in US. Highlights: The US Federal Reserve has hiked policy rates by 225 ..

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US Fed Rate Hike – Impact on India

In the first hike since 2018, the US Federal Reserve increased the interest rates by 25 basis points. Reasons for US Fed Rate Hike In February, inflation in the United States reached 7.9%, which is the highest in 40 years. The Russia-Ukraine war has also led to an increase in global commodity prices. Thus, there ..

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US Federal Reserve’s Rate Cut: Impact on India

The United States Federal Reserve has announced a quarter-percentage-point cut in interest rates. This was the first-rate cut in 11 years- the first since the global financial crisis broke in 2008. The rate cut marked a departure from the hawkish rate-hike trajectory of US Federal Reserve moving in the direction of bolstering the debt-laden American economy. ..

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